Lower interest rates are key to economic growth in the 2020s

Friday, August 30, 2019
Lower interest rates are key to economic growth in the 2020s

Lower interest rates are key to economic growth in the 2020s, Honcharuk said. “Cheap lending is one of the tactical goals that we will set for ourselves in the near future,” he said. Today, Ukraine’s prime interest rate is 17%. Next year, Honcharuk says, he wants to see hryvnia home mortgage rates of 12-12%. “Interest rates on loans may fall this year,” he promised. “People will start doing business. It can start with construction and industry.”

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